If you were injured in Nevada, you may need money to pay for your damages. While you wait to see whether you’ll receive a personal injury settlement, you can apply for a lawsuit loan and get your money quickly.
When an accident happens in Nevada, life won’t wait for you to get your finances in order. If you were injured in the accident, you must seek medical care immediately. The medical bills will start flowing in shortly after you’ve received treatment. You may also suffer lost income from missing work.
If you know someone else caused your accident, you can file a personal injury lawsuit against them. But the truth is that you likely won’t receive any settlement money for what happened until months or years after your accident.
Between your accident and the time your lawsuit is settled, you’ll be expected to pay for your damages. When you’re in financial distress, a Nevada lawsuit loan can help. At Money First Lending, we have the local knowledge needed to get you money quickly. With cash in hand, you can return to normal life now instead of waiting for the final verdict.
What Is a Lawsuit Loan?
Lawsuit loans in Nevada function as a cash advance on your legal claim. When you file a lawsuit against the at-fault party in your accident, the goal is to recover compensation for all the damages you’ve suffered. Your personal injury lawyer will work hard to speed up the legal process, but the legal timeline is unpredictable and can vary based on many uncontrollable factors.
Lawsuits can take a long time to settle, but your suffering is happening now. As your expenses continue to increase, you’re likely to go further into debt. If you apply for a lawsuit loan from a non-recourse lender, you can receive a portion of your settlement up front with no strings attached. If you don’t win any money in your lawsuit, you won’t owe any money back.
Types of Pre-Settlement Loans in Nevada
You can get a lawsuit loan in Nevada for almost any type of lawsuit. Whether you were injured in a car accident, a slip-and-fall accident, a work-related accident, or a product defect accident, a loan can help you through the recovery process. You can also apply for a lawsuit loan if you’ve lost a loved one because of wrongful death.
If you’re unsure of whether your case qualifies for lawsuit funding, you can discuss your situation with your lawyer. Your lawyer can help you apply for a loan so you don’t have to handle the financial logistics yourself.
Eligibility for a Lawsuit Loan in Nevada
You must have an active lawsuit in place to be eligible for a lawsuit loan. You must also have a strong chance of receiving a settlement because that reduces risk on us as the lender. When you apply for a lawsuit loan, we’ll assess the details of your lawsuit and determine the risk involved.
If your case is provable and you have a defendant who can feasibly pay the claim you’re fighting for, then you’re likely a suitable candidate. Your lawyer must also be a part of the lawsuit funding process because their signature will be required on any final contracts.
The Lawsuit Loan Application Process
Applying for a lawsuit loan in Nevada is easier than ever. Click the “Apply Now” button at the top of the page and fill out the detailed form. In this form, you’ll provide your contact information and some basic information about your lawsuit. You’ll also provide contact information for your lawyer; we’ll contact them to get more details about your case.
Then, we can determine whether you’re eligible for a loan and how much money we can lend you. The process is simple and can be completed within as little as one day of your application.
We understand that you need money fast. We’re prepared to give it to you.
Nevada Lawsuit Loan FAQ
The lawsuit loan process in Nevada is unfamiliar to many. Most injury victims think their only option is to accept their financial burden until their lawsuit has settled. Thankfully, lawsuit funding offers hope before you even reach the end of the tunnel.
We know you likely have many questions about how to get your settlement money quickly after an injury. That’s why we’ve answered some of the most frequently asked questions about our services below. Contact Money First Lending to learn more.
What will it cost me to get a lawsuit loan in Nevada?
Once you apply for a lawsuit loan with us and get approved, we’ll discuss the annual charge and one-time fee associated with your funding. Unlike some pre-settlement lenders in Nevada, we don’t charge interest rates. We work hard to be transparent because our goal is to help injury victims—not make their financial burden even heavier.
Can I get more than one lawsuit loan in Nevada?
While you may be able to get more than one lawsuit loan in Nevada, your total cash advance is limited to $500,000. The amount of money you can receive for a lawsuit loan will depend on how much your claim is worth. Lenders will evaluate your case, look into any other loans you’ve taken out, and assess the amount of risk involved to determine how much they’re willing to lend you.
Are there any restrictions on receiving a lawsuit loan?
At Money First Lending, we don’t charge interest rates, but you should know that Nevada law caps fees on lawsuit loans at 40 percent annually. The state of Nevada has various other restrictions for both applicants and lenders, which can be referenced here. Lenders are referred to as consumer litigation funding companies under the law and must be licensed as such.
Reach Out to a Nevada Lawsuit Lending Company
An injury can put your entire life on hold, but creditors won’t get the memo. As you suffer physically and emotionally from your accident, your wallet will suffer, as well. Not only will you have to find a way to pay for your housing and groceries during this hard time, but you may also accumulate significant medical bills. If you’re out of work and have no income, the financial burden can get heavy fast.
Taking legal action for what happened to you is often a smart move, but it requires patience to wait for a settlement. With a lawsuit loan in Nevada, you can get some of your money up front. Within days—or even hours—you can have cash to pay off your expenses and get back on your feet.
At Money First Lending, we understand what you’re going through, and we’re here to help. If you’re ready to apply for a Nevada lawsuit loan with us, you can fill out our online application or call 702-623-3333 to get started.